LyondellBasell CFO receives share award, tax withholding
LyondellBasell Industries N.V. executive vice president and chief financial officer Agustin Izquierdo Sabido reported equity compensation transactions in the company’s Class A ordinary shares.
Rhea-AI Filing Summary
LyondellBasell Industries N.V. executive vice president and chief financial officer Agustin Izquierdo Sabido reported equity compensation transactions in the company’s Class A ordinary shares. On February 28, 2026, he acquired 20,158 shares at $0.00 per share as a grant or award, bringing his reported direct holdings to 33,544 shares afterward.
Footnotes explain that these 20,158 shares relate to restricted stock units (RSUs) granted under the long‑term incentive plan, scheduled to vest in three equal tranches on February 28, 2027, February 28, 2028, and February 28, 2029. On February 27, 2026, 2,819 RSUs vested and 713 shares were disposed of at $57.52 per share to cover tax withholding obligations rather than an open‑market sale.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Ordinary Shares | 20,158 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Ordinary Shares | 713 | $57.52 | $41K |
Footnotes (3)
- F1. On February 27, 2026 the reporting person's restricted stock units automatically vested 2,819 shares. 713 shares were withheld by the issuer to satisfy the issuer's tax withholding obligations.
- F2. Represents 6,240 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 242 granted on February 22, 2024 that vest on February 22, 2027; 182 granted on April 15, 2024 that vest on April 15, 2026; 182 granted on April 15, 2024 that vest on April 15, 2027; 2,817 granted on February 27, 2025 that vest on February 27, 2027 and 2,817 granted on February 27, 2025 that vest on February 27, 2028.
- F3. Represents 26,398 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 242 granted on February 22, 2024 that vest on February 22, 2027; 182 granted on April 15, 2024 that vest on April 15, 2026; 182 granted on April 15, 2024 that vest on April 15, 2027; 2,817 granted on February 27, 2025 that vest on February 27, 2027 and 2,817 granted on February 27, 2025 that vest on February 27, 2028. The 20,158 RSUs reported on this Form 4 vest as follows: 6,720 vest on February 28, 2027, 6,719 vest on February 28, 2028 and 6,719 vest on February 28, 2029.
FAQ
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What did LyondellBasell (LYB) CFO report in this Form 4 filing?
How will the 20,158 RSUs for LyondellBasell (LYB) CFO vest over time?
What restricted stock units (RSUs) remain outstanding for the LyondellBasell (LYB) CFO?
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